Tuesday, 21 October 2014
Last updated 2 hours ago
Jan 26 2007 | 2:19pm ET
RREEF Alternative Investments, the alternative investments business of Deutsche Bank’s Asset Management division, has signed a definitive agreement to acquire a minority stake in Aldus Equity, private equity fund of funds shop. The two firms intend to develop private equity fund of funds for institutional and high net worth investors.
Deutsche Bank’s Asset Management division recently consolidated its alternative investments platform under RREEF Alternative Investments, which now consists of four businesses: Real Estate, Infrastructure, Absolute Return Strategies and Private Equity. In addition to fund of funds, RREEF Private Equity will include a secondary funds business. Aldus will continue to be managed by its existing principals.
“This partnership enables us to offer our clients more comprehensive alternative investment options while also capitalizing on Aldus’ private equity experience and successful relationships with public pension funds,” stated Charles Leitner, global head of RREEF Alternative Investments.
Aldus Equity manages dedicated fund of funds that invest directly in private equity funds, as well as co-investment funds that invest alongside private equity funds. The firm manages currently manages over $3 billion in assets.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
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